15, HOWE LANE, ROTHLEY, LEICESTER, LE7 7LB - £465,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 HOWE LANE is a very small extended detached house of 62m², built sometime between 1950 and 1966, which could now be worth an estimated £610,418. It was last sold for £465,000 in September 2018, which was around 47% above the average September 2018 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was C.

15 HOWE LANE Sold Prices

Land registry data shows two sales for 15 HOWE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. One of the two 15 HOWE LANE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 28 SEP	£465,000	£317,066	47% above HPI
2013 2 AUG	£232,500	£242,583	4% below HPI

15 HOWE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 15 HOWE LANE sales from August 2013 and September 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2018 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 15 HOWE LANE be worth now?

15 HOWE LANE might now be worth an estimated £610,418.

This is based on house price inflation of 31.3%, between September 2018 and February 2025, for detached houses, in the Charnwood local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.3% inflationary increase is applied to the most recent sale price for 15 HOWE LANE of £465,000 on 28th September 2018. For the value to have increased from £465,000 to £610,418 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 15 HOWE LANE has moved in line with the HPI for detached houses in the Charnwood local authority area.
• The September 2018 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 15 HOWE LANE has not materially changed since September 2018.

How Large is 15 HOWE LANE?

15 HOWE LANE is 62m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% of detached houses houses in Rothley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rothley, and where 15 HOWE LANE lies on this distribution: 1% of detached houses houses are smaller than 15 HOWE LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Rothley.

15 HOWE LANE: Plot and Title Map

15 HOWE LANE sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of 15 HOWE LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15 HOWE LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 15 HOWE LANE?

15 HOWE LANE is located in ROTHLEY, in the LE7 postcode district. The below map shows the position of No. 15 on HOWE LANE.